LexAurum Advisors LLC Acquires 175,431 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

LexAurum Advisors LLC increased its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 203.6% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 261,582 shares of the company’s stock after buying an additional 175,431 shares during the period. Schwab U.S. Mid-Cap ETF comprises about 1.4% of LexAurum Advisors LLC’s holdings, making the stock its 15th biggest position. LexAurum Advisors LLC owned about 0.18% of Schwab U.S. Mid-Cap ETF worth $7,248,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in SCHM. Global Wealth Strategies & Associates raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 28.0% in the 3rd quarter. Global Wealth Strategies & Associates now owns 735 shares of the company’s stock worth $61,000 after purchasing an additional 161 shares during the period. Centaurus Financial Inc. increased its position in Schwab U.S. Mid-Cap ETF by 6.1% in the second quarter. Centaurus Financial Inc. now owns 3,622 shares of the company’s stock worth $282,000 after buying an additional 209 shares during the last quarter. Avior Wealth Management LLC raised its stake in shares of Schwab U.S. Mid-Cap ETF by 0.3% in the third quarter. Avior Wealth Management LLC now owns 110,412 shares of the company’s stock valued at $9,174,000 after buying an additional 357 shares during the period. Cordant Inc. purchased a new position in shares of Schwab U.S. Mid-Cap ETF during the 3rd quarter valued at $30,000. Finally, Leisure Capital Management grew its stake in shares of Schwab U.S. Mid-Cap ETF by 1.2% during the 3rd quarter. Leisure Capital Management now owns 31,790 shares of the company’s stock worth $2,641,000 after acquiring an additional 379 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Up 0.2 %

SCHM opened at $29.19 on Friday. The company has a market capitalization of $4.18 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a twelve month low of $24.54 and a twelve month high of $30.28. The firm has a 50-day moving average price of $28.71 and a 200-day moving average price of $27.69.

Schwab U.S. Mid-Cap ETF Company Profile

The Schwab U.S. Mid-Cap ETF (SCHM) is an exchange-traded fund that mostly invests in mid cap equity. The fund tracks a market cap-weighted index of mid-cap stocks in the Dow Jones US Total Stock Market Index. SCHM was launched on Jan 13, 2011 and is managed by Charles Schwab.